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20121108
20121116
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CNN 8
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Search Results 0 to 39 of about 40 (some duplicates have been removed)
MSNBC
Nov 12, 2012 2:00am PST
of them voted democratic and half of them live in hollywood. >> reporter: but house speaker john boehner rejects any hike in tax rates. he would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger deep spending cuts and tax cuts. that could mean $2,000 more in taxes for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly, another recession. boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms
FOX Business
Nov 14, 2012 11:56am EST
provisions giving you 1.6. the starting point for the administration. john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and concluded i think incorrectly that there is a huge amount of resources. i think that is untrue. >> a dozen of ceos meet with the president and a couple of hours from now after the president's news conference at 1:30. a number of these executives have been to the white house before. members of the export council, jobs council, ceo of of ge, tao, ford, also say what the white house on the different councils in some form or another. cheryl: we will be taken the tae news conference from the president lives and the ceo will have something to chew on
FOX News
Nov 12, 2012 6:00am PST
to recognize, look, john boehner is put on the table this notion of revenues and we think you can get that through growth. we think that you can get that through reforming the tax code. gregg: right. >> but we --. gregg: so you're telling me and the president and white house are just bluffing say, no deal on rates? >> well we've heard this. we heard he will get out of guantanamo. he would cut the deficit in half. all these sorts of things are declarations. but when it comes down to it i think the president does sign an extension because it is the smart move. look, the pathway to move forward is to reform the tax code. where there is such a high level of dissatisfaction, the opportunity is for the president to bring people together around the dissatisfaction and come up with a new, more competitive tax code. gregg: come january, here's what is going to happen. i want to put this up on the screen for our viewers. 158 million americans will be affected. after an average tax hike of $3500. that means that 88% of the households are going to be seeing their taxes go up. as you know, the cbo
MSNBC
Nov 14, 2012 7:00am PST
a split and one of the interesting ways you can follow it has to do with what -- john boehner versus paul ryan. boehner is pushing for conference shame, republican congresswoman rogers while ryan is pushing tom price who used to run the conservative caucus in the house. if most of the caucus is getting behind them then it's a sign they'll dig in their heels. if they're going with boehner, it's a sign they'll deal. >> i want to bring in a democrat on both the armed services committee and select committee on intelligence and the fiscal cliff if i might. do you think the republicans will come to play? >> i believe that they will. it's my hope that everyone has gotten the message loud and clear that the american people expect us to compromise, democrats and republicans coming together to solve the fiscal cliff issue but in a balanced way and that is certainly what president obama has campaigned on protecting a strong middle class, allowing the tax cuts to expire above $250,000, but we can't be afraid to compromise but we can do that without compromising our principles. >> is part of this deal
MSNBC
Nov 15, 2012 2:00am PST
speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world. >> national journal reports wisconsin congressman and former vp hopeful paul ryan will remain house budget committee chairman after being granted a gop waiver to avoid being term limited out of that spot. >>> senate majority leader harry reid lashed out at massachusetts senator scott brown mocking brown's calls for bipartisanship as a joke, describing brown as one of the most partisan senators ever to serve. >>> we now know which political office may be sought by another member of the bush family, george p. bush. his father, former florida governor jeb bush, confirms in a letter to potential donors that his son
FOX News
Nov 15, 2012 8:00am PST
as the middle class does not get hurt. house speaker john boehner seems optimistic about these negotiations. >> we can all imagine a scenario where we go off the fiscal cliff. if, if despite the election, if despite the dangers of going over the fiscal cliff and what that means for our economy that there's too much stubbornness in congress that we can't even agree on giving middle class family as tax cut, then, middle class families will all end up having a big tax hike. >> there are no barriers here to sitting down and beginning to work through this process. i don't think anyone on either side of the aisle underestimates the difficulty that faces us. but i do think that the spirit of cooperation that you have seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, remain optimistic. i was born with a glass half-full. if i hadn't been i sure wouldn't be here. jon: so let's get to it. how close are we to the edge of that fiscal cliff? marjorie clifton, a former consultant to the obama campaign a
CNBC
Nov 9, 2012 4:00pm EST
the campaign. you have to listen closely to the words used by the principle negotiators. first was john boehner today, who with drew a line not against additional tax revenue but only against the idea of raising top rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know 700 no,000 jobs would b destroyed. we also know it would slow down our economy. >> and by the same token, president obama came out in the east room, and the line he drew was not in favor of higher -- insisting on higher tax rates, it's that we need more tax revenue from people at the top. >> i'm not whetted to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. >> so the keyword for the president is balanced. but more than one way to get there. maria, just before i came on air, got a statement from the bipartisan policy center in washington, which has been urging the two sides to come together on a simpson-bowles ty
CNN
Nov 12, 2012 4:00pm PST
mcconnell, house speaker john boehner and nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all top choices. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things average democrats and republicans say they agree on, other, they loathe them. is there anything that should be untouchable? >> the problems are real, no easy way out. we've got to come up with at least $4 trillion of deficit reduction and that's not the maximum amount we need to do
CNN
Nov 12, 2012 4:00am PST
to every debail of his plan. house speaker, john boehner, wants to keep all the bush tax cuts in place. he's starting to talk about closing up tax loopholes. conservative pundit and weekly standard editor bill kristol said it's time for republicans to come so some sort of compromise. >> conservative movement has to pull back, let people float new ideas, let's have a serious debate. don't scream and yell when one person says it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. i don't understand why republicans don't take obama's offer? >> cnn's senior congressional correspondent dana bash is live for us in washington, d.c. what do you make of his comments? >> soledad, look, bill kristol is not an elected official. he doesn't get a vote. but he is a very influential gop voice here in washington. and around the country. and for him to tell republicans it wouldn't kill to them to agree to tax increases for millionaires. it's a big deal. and we heard some similar talk from republicans who do have a vote like senator bob corker. listen to thi
CNN
Nov 15, 2012 2:00am PST
. and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not see their taxes go up, that 97% of small businesses would not be impacted at all. he does see some room there to close loopholes for some tax reforms but he doesn't believe that that's enough to make up that trillion dollars, and that the math simply doesn't add up. so what the president wants is a comprehensive plan so that middle-class americans are not hurt. zoraida? >> let's move on to the heated back and forth over u.n. ambassador susan rice. republican senators john mccain and lindsey graham say they would actually try to block rice from being promoted to secretary of state should she be nominated.
CNN
Nov 15, 2012 5:00am EST
there doesn't seem to be a lot of wiggle room here, but speaker john boehner sounded a bit optimistic. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff, without raising tax rates. >> a few have looked closely what the president have had to say, have looked closely at what i have had to say. there are no barriers here to sitting down and beginning to work through this process. >> the president says under his plan, 98% of americans won't see their taxes. 97% of those small businesses won't be impacted at all. and while the president believes that there's room to close some of these loopholes, to have some tax reform, he doesn't believe that there's enough there to make up $1 trillion. and that there needs to be a comprehensive approach, so that middle class americans won't be impacted. john? >> dan, the president also talked about the petraeus investigation. what's he saying about that right now? >> and this was the first time that the president has weighed in on this publicly. he had very kind words for general petraeus and his service, not only i
FOX Business
Nov 12, 2012 9:20am EST
, it is not going to make a difference. john boehner needs to stand his ground. he needs to say we can bring in more revenue, reform the tax code but won't raise taxes on anyone at this time. if the republican party doesn't stand for something, then they may as well call themselves another set of democrats. charles: the republican party was deemed the party of no for the last couple of years, and i think it hurt them at the polls. do they have to compromise somewhere? >> they will likely have to compromise but where they shouldn't compromise is raising taxes. that's going to affect economic output. even cbo talks about another drop in economic output. our gdp growth -- charles: if they don't raise taxes, how do they do it? what does boehner mean by revenue? >> you have to cut out subsidies. along with that tax reform is necessary so companies can make more money, small businesses. if you make it so they can be better companies, bigger companies, hire more people, even a a part timer, you can't to increase economic output. >> articulate why that's not the solution. explain to people why raising taxes
CNBC
Nov 12, 2012 6:00am EST
think they've already agreed to that. you heard john boehner say that already. we've had voteses in the senate where we've gotten rid of tax credits. i think that's a given. and i think that the vast majority of measures agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem and that's uncontrolled entitlement spending and a government that has grown massively. >> i think if the house stands for anything, it's cut government spending as tom coburn said and i think we'll have to do more of it. we heard the mandate in 2010 where it was a clear mandate cut spending and we did, we cut $900 billion in spending that he can't like painful tos us. >> we'll continue our call to rise bol politics and make a deal. oufr guests this morning include mike jackson and also david zaslav. and the head of maris group. and douglas holtz-eakin. >> let's talk about eurozone finance ministers meeting to discuss whether to release a new tranche of fund to go greece. the leaders are not expected it to okay the funding despite greec
MSNBC
Nov 14, 2012 3:00am PST
connell and john boehner. can you help explain that? >> mitch mcconnell who runs the senate republican caucus, he's definitely playing the role of the bad cop in that he does not want to compromise at all on tax cuts, has taken a much more hard-line approach, has the bulk of his time talking to "the wall street journal" editorial page, basically speaking to the base. where you have speaker boehner talking in much more conciliatory tones and talking about getting a deal. i think that's going to be the dynamic. mitch mcconnell is up for re-election in 2014. in a very conservative state where it's not inconceivable the tea party would run somebody against him if he does not take a hard-line approach. people need to remember that as these negotiations unfold. for boehner, he wants a deal. i do want to comment a second on the interview you had with paul ryan. ryan might not think that there is a mandate, but the president does, congressional democrats do, and the public does, if you look at polling. and there's zero chance that the president is going to compromise on this, which is why i think there's
MSNBC
Nov 14, 2012 6:00am EST
to be for raising taxes. but let's be clear. when john boehner says, i'm open to raising revenues, he had on the table a proposal to raise taxes. that's what it means when you're raising revenues. they can spin it any way they want, it's raising taxes by $800 billion. so the republican party, in a growing number of folks in the republican party, are on record for raising taxes. and they know the number's going to have to be above 800. that's the floor from last year. i think the actual number will be 1.2 which will be the middle ground between 800 and $1.6 trillion. you don't get to $1.2 trillion without either raising tax rates or changing how we tax investment, which is the reason that a lot of rich people end up paying a very low tax rate. people like mitt romney can pay an effective tax rate of 10% to 15% because so much of their income comes from long-term investment holdings. something has to give. you have to change those things if you want to raise that type of revenue. >> we've talked a lot about the tax side of this, but there's spending cuts that need to be dealt with. no one w
CNBC
Nov 15, 2012 6:00am EST
movements particularly republicans, john boehner coming out after the election, i get t revenues have to be part of the deal. as george suggested there will be arguments about how you get there but i think when i look at how the politics line up the leverage embedded in going over the cliff and what that means to the president and democrats will push us there. i just want to say macro economically, going over the cliff is a bad thing, no question about it, but going over the cliff and staying over the cliff is a lot worse than going over the cliff and kind of backtracking back up there. >> the bungy. >> the bungy jump. >> we talked about that. >> the slope, the fiscal slope. >> george, where are you on the actual rate itself? there was a conversation boehner said we'll put revenues on the table, keep it at 35%, we'll find the deductions and from the president the first time out he didn't talk about 39.6 and so there was this view amongst some who wanted to hear it somehow he was at the same place and boehner might be willing to do something. i was in d.c. yesterday and others, steve w
CNN
Nov 14, 2012 4:00am PST
was willing to sign on the dotted line to that compromise with john boehner and eric cantor a year ago. we remain ready, willing and able to compromise. the american people have an unquenchable thirst for solutions. they have an unquenchable thirst for compromise and consensus. at that press conference yesterday it was nancy pelosi notwithstanding what governor christie has said. it was nancy pelosi who said we remain ready, willing and able to find a compromise. to find common ground with republicans to avoid the fiscal cliff. we need solutions and not sequestration. >> jonathan karl did an interview with paul ryan and what paul ryan said in this is essentially that, that the president doesn't have a mandate. karl said he won some 300 some electoral votes, every battleground state except for north carolina. does president obama have a mandate and, and he said no, i don't think so. because then nancy pelosi would be in charge of the house of representatives. and she's not. do you think that he's got a point? >> you know what has a mandate? solutions have a han date. this election was about
CNN
Nov 15, 2012 9:00am PST
republicans. listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there are hearings going on all over capitol hill and then probably will continue to be. they think it all should be streamlined into one committee, but, suzanne, using the term watergate, using the term coverup, saying what did he know, when did he know it, talking about the president, not exactly a way to get bipartisan support for something that, you know, democrats clearly don't want. it is absolutely -- you mentioned at the beginning, very, very tense, particularly between these two old rivals, john mccain and president obama. >> not the way to bite -- get the bipartisanship going. okay, dana.
FOX News
Nov 12, 2012 3:00am PST
president obama won reelection . he holds the edge in the discussion right now . speaker of the house john boehner immediately saying he generally supportive of trying to close the loop holes. do you see that as raising taxes? >> what boehner said and in the republican position since republican we should reduce rates have economic growth many of which are put in by obama for the solyndra green-type energy programs. let's bring the rates down. boehner was clear he wanted increase revenues it is not a tax increase to put more americans at work. if our recovery was growing the rate reagans did more americans would be at work. in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from
FOX News
Nov 13, 2012 6:00am PST
speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medi
FOX News
Nov 14, 2012 3:00am PST
for corporations and wealthy, double the amount that john boehner offered during negotiations next year. next, $120 billion. that's how deep in debt the federal government is. this puts us on track for the fifth straight year of a $1 trillion plus straight deficit all under president obama. 40 years, france having its worst champagne crop in four decades because of bad weather? but it shouldn't hurt bubbly supplies. at least for this new year. brian? >> brian: attorney general eric holder knew this past summer that the c.i.a. director, david petraeus, was part of an f.b.i. investigation into him. the white house claims they knew nothing until after the election. listen. >> how is it that the white house didn't have any idea of this until the day after the election? >> well, i would refer you to the f.b.i they have, as i understand it, protocols in place for when they notify the legislative and executive branches. it's simply a fact that the white house was not aware of the situation regarding general petraeus until wednesday and the situation regarding general allen until friday. >> brian: the prot
CNBC
Nov 14, 2012 6:00am EST
and he's trying to figure out how to get republicans to build on the conciliatory signals that john boehner's been sending. >> we talked earlier this morning about what the "wall street journal" has at the top and the story that a lot of people have been talking about. laying out $1.6 trillion as the baseline for what he'd like to see. double where the talks left off back in the summer of 2011. is this just an opening bid and we expect it will be somewhere in the middle of those two numbers? >> that's what i expect. i don't think you start out by laying out your bottom line. and remember, that's a bottom line that he laid out publicly in september of 2011 after the grand bargain talks were concluded unsuccessfully. so this is -- this is basically no change in his position. and why would he change having just won an election? but i think you're going to see some back and forth. and if question is how much revenue can you get from closing deductions and loopholes and if so, what kind? and do rates need to rise in order to get the revenue you need to make a deal? and i think what he wa
CNN
Nov 15, 2012 1:00pm PST
that are relevant. because mitt romney's no longer relevant. go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this, ana navarro, livid at romney saying obama won because offered minorities "gifts." as if he didn't alienate hispanics enough wliel running. look in mirror, mitt. >> i'm very upset about the comments mitt romney made. it shows him having sour grapes. that's not a great exit for a man who just lost. you need to look at yourself, the campaign. go and look at the film. how did you run your campaign towards hispanic, african-americans? are you satisfied with what you did? does it correlate with the amount you got? also, it's frankly offensive. i can tell you as
Search Results 0 to 39 of about 40 (some duplicates have been removed)